‘What’s my future?’: Steelworkers face new reality as Stelco issues layoff notices - BNN Bloomberg
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Pierre Poilievre●
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Key figures
Canada’s economy lost 68,000 jobs in September, erasing all employment gains recorded so far in 2026 and raising concerns about the labour market as layoffs begin at the Stelco steel plant in Hamilton, Ont.
Canadians aged 15 to 24 and women aged 25 to 54 were among the hardest hit.
Latest updates on company news here The report comes as Stelco begins issuing layoff notices to workers at its Hamilton facility, following the company’s announcement last week that it could cut up to 500 jobs, citing the ongoing trade war.
Sal Guatieri, director and senior economist at BMO, said the numbers were “quite disappointing.” “It brings total job losses in the last two months to 110,000, more than reversing the two prior months where we saw pretty significant job increases,” Guatieri added.
13 evening to present the government with a plan to meet its obligations.
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B.I.A.S. ANALYSIS
CENTER RIGHT
Signal breakdown
Heuristic (v1/v3)
0.00 · CENTER
ML v2 (DistilBERT)
0.265 · RIGHT
Ensemble
0.265 · CENTER RIGHT
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Rolling outlet bias
CENTER
avg -0.179
4,881 articles tracked all-time
7-day bias trend
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Excerpt from BNN Bloomberg
Canada’s economy lost 68,000 jobs in September, erasing all employment gains recorded so far in 2026 and raising concerns about the labour market as layoffs begin at the Stelco steel plant in Hamilton, Ont.
Statistics Canada’s Labour Force Survey released Friday showed employment fell well short of expectations, with economists having forecast modest gains for the month.
Canadians aged 15 to 24 and women aged 25 to 54 were among the hardest hit. Losses were driven largely by declines in the public sector.…
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